A shaken global real estate market: will the crisis last?
The Western housing market has been sustained for years with very low mortgage rates. The sharp rise in the cost of credit since the beginning of 2022 is a paradigm shift.
News
Canadians seek the Sunshine State
In 2022, Canadian buyers were the largest group of foreign buyers of property in the United States. However, Chinese buyers held the highest value of residential properties with sales totalling $6.1 billion. “Despite the supply shortages and rising mortgage rates that have pushed up home prices, the share of international buyers in the real estate market is expected to continue to increase”, WPBC’s cooperation partner ListGlobally recently published in their annual trend report.
Look for the beach in Panama. A buyer’s market is waiting.
Leading French property agency Agence Etoile cooperates with AcquirePanama’s top agent Ciara Caponi in Panama, a coastal country ‘par excellence’ which is home to heavenly white sand beaches and lush tropical nature.
Brazilian Government will relaunch Minha Casa Minha Vida on February 14, confirms Minister of Housing Rui Costa
Reuters informs that newly elected Brazilian President Luiz Inácio Lula da Silva will relaunch the Minha Casa, Minha Vida program this month, focusing on low-income buyers, said the Minister of Housing, Rui Costa on Sunday.
Europe: are we all equal when it comes to energy performance?
Energy performance: what does Europe say?
The European Commission is giving guidance to Member States by introducing mandatory energy performance standards for older housing. Buildings classified as G and F in the energy performance certificate will have to be renovated by 2033 at the latest, whether they are public or private, residential, or not, rented or not.
ARAB BUYERS DISCOVER BOSNIA AND HERZEGOVINA
Official statistics confirm that the number of Arab tourists visiting Bosnia and Herzegovina is increasing year by year, reaching more than 150,000 last year. Most visitors come from the Gulf states, led by the UAE, Saudi Arabia, and Kuwait. Reason for the Bosnia and Herzegovina real estate sector to focus on this new group of buyers. Mr. Mohammed Sherbi, director of the company Rekaz in Sarajevo, took the bull by the horns and, with a team of experts from Canada, Egypt and Turkey, organised the first International Real Estate Fair in Bosnia and Herzegovina: “Real Expo Sarajevo 2022”. The World Property Business Club was there.
45 Mexican real estate agents completed TRC Course
Tras un primer éxito de 20 agentes inmobiliarios de México a fines del año pasado, un segundo grupo entusiasta de 45 agentes inmobiliarios, miembros de AMPI, la asociación de agentes inmobiliarios de México, concluyó con éxito el Curso TRC ofrecido por World Property Business Club.
El Salvador, the bitcoin beach paradise for crypto investors in real estate?
Buying a property in bitcoins? This is possible since last year El Salvador’s President Nayib Bukele introduced legislation to make bitcoin a legal tender in the country. Real estate investment firms and real estate professionals jumped on the possibility to attract foreign (mostly from the USA) investment. In this environment an expert’s advice is required. Luis Ernesto Dominguez is such an expert.
What should I know to buy a property in Spain?
Buying a property in Spain? What should I know? The WPBC tells you more. We all dream of having the
ABRY IMMOBILIER: AUVERGNAT AND INTERNATIONAL
Created 20 years ago, Abry Immobilier now shines in Puy-de-Dôme, Cantal and Haute-Loire. Also with strategic locations in Paris and Saint-Raphaël (83), the network of Abry Immobilier agencies is the result of the constant efforts of its creator, Guy Roche, a committed and inspiring character. Spotlight on this partner of the World Property Business Club!